488 NE 18th St 4309, Miami, FL 33132 — MLS photo

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488 NE 18th St 4309, Miami, FL 33132

Active · Condominium

$1,030,000

488 NE 18th St 4309, Miami, FL 33132

Beds
2
Baths
3
Living area
1,257 sq ft
$ / sq ft
$819/sq ft
Year built
2018
Lot size
—
HOA fee
$1,336
Annual tax
—

About this property

Welcome to Unit 4309 at Aria on the Bay, a bright and spacious 2-bedroom + den, 3-bath residence featuring private elevator entry, stunning bay and city views, and high-end finishes throughout. Fully furnished with Artefacto pieces, this beautifully appointed home offers sophisticated interiors and a kitchen equipped with Bosch appliances. Enjoy resort-style amenities, including sunrise and sunset pools, a Jacuzzi overlooking Biscayne Bay, a state-of-the-art fitness center, in-house spa, children’s playroom, theater, business center, BBQ areas, and 24-hour valet and security. Aria on the Bay sits directly across from Margaret Pace Park, residents have waterfront walking and jogging paths, tennis, basketball and volleyball courts, a dog park, and expansive green space just steps away. Experience the best of waterfront recreation and vibrant city living in the heart of Edgewater.

Property location

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488 NE 18th St 4309, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,257 sq ft

Exterior & Structure

Property type
Condominium
Year built
2018

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,336
County
Miami-Dade
MLS listing ID
A11914352
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,865

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.1%
Gross yield
5.9%
Mortgage payment
$4,883/mo
Down payment
$257,500
Loan amount
$772,500
Annual NOI
$12,214

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.